Economics B A-Level
Business uncertainty
What Business uncertainty means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Business uncertainty
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Reference: Pearson Edexcel
Arises when high or volatile inflation makes future costs and revenues difficult to forecast, reducing business confidence.
Topics that use Business uncertainty
- Inflation (Pearson Edexcel A-Level)
Related terms
- Cost-push inflation
- Deflation
- Demand-pull inflation
- Disinflation
- Inflation
- Investment
- Nominal values
- Price indices
Using Business uncertainty in the exam
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